Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 130500
per

Your estimated
City
free-cash

Dresden , Germany
₽42931
₽56162
₽46669
₽35609
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
130 500
trade
-
-
-
13 231
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 831
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
35 280
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 941
total
-
-
-
57 283
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

38 244
-
130 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

59
-
1 941
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 068
-
35 280
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 831
-
6 831
-
total
7 958
-
44 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 256
130 500
-
-
trade
14 531
20 553
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

761
1 076
-
-
income
13 838
19 574
-
-
chamber of commerce
285
340
-
-
total
29 415
41 543
-
-
Dividends
62 842
88 957
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

842
1 203
-
-
withholding
15 330
21 859
-
-
total
16 172
23 062
-
-
Income
130 500
130 500
130 500
130 500
Total tax
53 545
64 605
44 052
57 283
After tax
76 955
65 895
86 448
73 217
Living cost
30 286
30 286
30 286
30 286
Free-cash
46 669
35 609
56 162
42 931

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽27354
₽28378
₽30150
₽30990
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
1 403
municipal
-
-
-
13 979
national
-
-
-
21 662
pensions
-
-
-
15 660
total
-
-
-
52 704
Employee
78 195
-
112 816
-
pensions
3 128
-
4 513
-
national
14 966
-
22 445
-
municipal
9 658
-
14 484
-
total
27 752
-
41 442
-
Employer
78 195
-
112 816
-
pensions
6 256
-
9 025
-
social contributions
841
-
1 213
-
total
7 097
-
10 238
-
Corporate
40 048
130 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

8 010
26 100
-
-
total
8 010
26 100
-
-
Dividends
32 039
104 400
-
-
withholding
7 049
22 968
-
-
total
7 049
22 968
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 908
49 068
51 680
52 704
After tax
80 592
81 432
78 820
77 796
Living cost
50 442
50 442
50 442
50 442
Free-cash
30 150
30 990
28 378
27 354

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽18045
₽52406
₽75395
₽83598
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
130 500
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
38 310
income
-
-
-
20 065
microenterprise
-
-
-
-
surtax
-
-
-
33 278
total
-
-
-
91 653
Employee
29 217
-
105 165
-
income
5 201
-
20 388
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 214
-
11 569
-
surtax
-
-
-
-
total
8 415
-
31 957
-
Employer
29 217
-
105 165
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

7 038
-
25 335
-
surtax
-
-
-
-
total
7 038
-
25 335
-
Corporate
94 245
130 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

18 850
26 100
-
-
total
18 850
26 100
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

75 396
104 400
-
-
total
-
-
-
-
Income
130 500
130 500
130 500
130 500
Total tax
34 303
26 100
57 292
91 653
After tax
96 197
104 400
73 208
38 847
Living cost
20 802
20 802
20 802
20 802
Free-cash
75 395
83 598
52 406
18 045

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽33334
₽32010
₽15915
₽22045
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
health
-
-
-
12 330
income
-
-
-
31 234
pensions
-
-
-
11 715
total
-
-
-
55 279
Employee
85 386
85 386
111 918
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 976
13 976
13 976
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
38 021
-
Employer
85 386
85 386
111 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
31 209
30 162
-
-
income
6 243
6 032
-
-
total
6 243
6 032
-
-
Dividends
24 966
24 129
-
-
withholding
3 746
3 618
-
-
income
5 305
5 127
-
-
total
9 051
8 745
-
-
Income
130 500
130 500
130 500
130 500
Total tax
72 698
66 568
56 603
55 279
After tax
57 802
63 932
73 897
75 221
Living cost
41 887
41 887
41 887
41 887
Free-cash
15 915
22 045
32 010
33 334

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽30700
₽29664
₽31943
₽32805
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
31 636
health
-
-
-
5 258
national
-
-
-
5 305
pensions
-
-
-
9 109
total
-
-
-
61 352
Employee
54 785
-
104 024
-
national
-
-
4 892
-
municipal
16 337
-
31 020
-
total
16 337
-
35 912
-
Employer
54 785
-
104 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
58 502
130 500
-
-
income
12 870
28 710
-
-
total
12 870
28 710
-
-
Dividends
45 631
101 790
-
-
withholding
13 689
30 537
-
-
total
13 689
30 537
-
-
Income
130 500
130 500
130 500
130 500
Total tax
60 109
59 247
62 388
61 352
After tax
70 391
71 253
68 112
69 148
Living cost
38 448
38 448
38 448
38 448
Free-cash
31 943
32 805
29 664
30 700

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽33349
₽47168
₽39990
₽25943
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
130 500
trade
-
-
-
13 819
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 831
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
35 280
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 941
total
-
-
-
57 871
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

50 706
-
130 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

239
-
1 941
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 357
-
35 280
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 831
-
6 831
-
total
11 427
-
44 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 794
130 500
-
-
trade
13 127
21 468
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

658
1 076
-
-
income
11 969
19 574
-
-
chamber of commerce
266
338
-
-
total
26 020
42 456
-
-
Dividends
53 774
88 044
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

719
1 190
-
-
withholding
13 064
21 631
-
-
total
13 783
22 821
-
-
Income
130 500
130 500
130 500
130 500
Total tax
51 230
65 277
44 052
57 871
After tax
79 270
65 223
86 448
72 629
Living cost
39 280
39 280
39 280
39 280
Free-cash
39 990
25 943
47 168
33 349

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽58907
₽57539
₽58772
₽62919
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
16 178
health
-
-
-
3 328
income
-
-
-
19 656
total
-
-
-
39 162
Employee
76 887
76 887
119 679
-
income
8 074
7 117
19 068
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 034
-
total
12 575
14 805
29 709
-
Employer
76 887
76 887
119 679
-
health
833
1 423
2 214
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
10 821
-
Corporate
80 925
45 809
-
-
income
10 115
5 727
-
-
total
10 115
5 727
-
-
Dividends
70 810
40 083
-
-
withholding
12 038
6 814
-
-
total
12 038
6 814
-
-
Income
130 500
130 500
130 500
130 500
Total tax
39 297
35 150
40 530
39 162
After tax
91 203
95 350
89 970
91 338
Living cost
32 431
32 431
32 431
32 431
Free-cash
58 772
62 919
57 539
58 907

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽72167
₽57416
₽55548
₽55169
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
unemployment
-
-
-
1 958
health
-
-
-
9 135
income
-
-
-
15 954
pensions
-
-
-
13 050
total
-
-
-
40 097
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 323
10 476
109 205
-
income
3 218
1 281
13 350
-
pensions
2 632
1 048
10 921
-
unemployment
395
157
1 638
-
health
1 843
733
7 644
-
total
8 088
3 219
33 553
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 323
10 476
109 205
-
pensions
5 133
2 043
21 295
-
total
5 133
2 043
21 295
-
Corporate
99 044
117 981
-
-
income
8 914
10 618
-
-
total
8 914
10 618
-
-
Dividends
90 130
107 363
-
-
social contributions
17 456
20 816
-
-
withholding
17 125
20 399
-
-
total
34 581
41 215
-
-
Income
130 500
130 500
130 500
130 500
Total tax
56 716
57 095
54 848
40 097
After tax
73 784
73 405
75 652
90 403
Living cost
18 236
18 236
18 236
18 236
Free-cash
55 548
55 169
57 416
72 167

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽45797
₽51067
₽74038
₽80249
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
health
-
-
-
16 965
income
-
-
-
17 487
pensions
-
-
-
26 100
total
-
-
-
60 552
Employee
28 365
-
97 535
-
income
3 193
-
18 806
-
pensions
567
-
1 951
-
unemployment
453
-
1 560
-
total
4 213
-
22 317
-
Employer
28 365
-
97 535
-
pensions
5 673
-
19 506
-
health
3 687
-
12 679
-
unemployment
228
-
780
-
total
9 588
-
32 965
-
Corporate
92 547
130 500
-
-
income
18 510
26 100
-
-
total
18 510
26 100
-
-
Dividends
74 037
104 400
-
-
total
-
-
-
-
Income
130 500
130 500
130 500
130 500
Total tax
32 311
26 100
55 282
60 552
After tax
98 189
104 400
75 218
69 948
Living cost
24 151
24 151
24 151
24 151
Free-cash
74 038
80 249
51 067
45 797

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽67458
₽47393
₽7209
-₽11344
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
34 190
pensions
-
-
-
4 145
total
-
-
-
41 128
Employee
34 472
-
114 796
-
income
4 729
-
24 747
-
pensions
3 882
-
7 599
-
health
3 947
-
13 144
-
total
12 558
-
45 490
-
Employer
34 472
-
114 796
-
pensions
5 605
-
10 974
-
accident
575
-
1 917
-
unemployment
845
-
2 812
-
total
7 025
-
15 703
-
Corporate
89 003
130 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

80 103
117 450
-
-
total
80 103
117 450
-
-
Dividends
8 900
13 050
-
-
withholding
1 691
2 480
-
-
total
1 691
2 480
-
-
Income
130 500
130 500
130 500
130 500
Total tax
101 377
119 930
61 193
41 128
After tax
29 123
10 570
69 307
89 372
Living cost
21 914
21 914
21 914
21 914
Free-cash
7 209
-11 344
47 393
67 458

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽120184
₽95389
₽113275
₽114964
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
130 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
1 305
total
-
-
-
1 305
Employee
11 263
-
130 500
-
income
2 252
-
26 100
-
total
2 252
-
26 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

119 237
130 500
-
-
total
-
-
-
-
Dividends
119 237
130 500
-
-
withholding
5 962
6 525
-
-
total
5 962
6 525
-
-
Income
130 500
130 500
130 500
130 500
Total tax
8 214
6 525
26 100
1 305
After tax
122 286
123 975
104 400
129 195
Living cost
9 011
9 011
9 011
9 011
Free-cash
113 275
114 964
95 389
120 184

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽43016
₽48416
₽62483
₽69236
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
6 199
health
-
-
-
5 742
income
-
-
-
17 578
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
31 322
total
-
-
-
60 841
Employee
36 305
-
104 235
-
income
6 250
-
19 379
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 541
-
7 296
-
unemployment
362
-
1 042
-
health
509
-
1 459
-
total
9 662
-
29 176
-
Employer
36 305
-
104 235
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 172
-
17 721
-
other
1 816
-
5 210
-
accident
290
-
833
-
health
509
-
1 459
-
unemployment
362
-
1 042
-
total
9 149
-
26 265
-
Corporate
85 045
130 500
-
-
income
17 859
27 405
-
-
total
17 859
27 405
-
-
Dividends
67 186
103 095
-
-
withholding
4 704
7 216
-
-
total
4 704
7 216
-
-
Income
130 500
130 500
130 500
130 500
Total tax
41 374
34 621
55 441
60 841
After tax
89 126
95 879
75 059
69 659
Living cost
26 643
26 643
26 643
26 643
Free-cash
62 483
69 236
48 416
43 016

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽22787
₽10716
₽16711
₽23199
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
income
-
-
-
32 345
pensions
-
-
-
8 115
total
-
-
-
40 460
Employee
95 153
-
114 431
-
income
17 152
-
24 297
-
pensions
9 180
-
10 323
-
health
1 568
-
1 841
-
total
27 900
-
36 461
-
Employer
95 153
-
114 431
-
pensions
11 235
-
13 895
-
health
1 807
-
2 175
-
total
13 042
-
16 070
-
Corporate
22 305
130 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

4 239
24 795
-
-
total
4 239
24 795
-
-
Dividends
18 066
105 705
-
-
withholding
1 355
15 253
-
-
total
1 355
15 253
-
-
Income
130 500
130 500
130 500
130 500
Total tax
46 536
40 048
52 531
40 460
After tax
83 964
90 452
77 969
90 040
Living cost
67 253
67 253
67 253
67 253
Free-cash
16 711
23 199
10 716
22 787

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽88494
₽93121
₽93827
₽98471
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
19 575
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 168
total
-
-
-
28 899
Employee
17 356
-
123 649
-
income
1 735
-
12 365
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
17 421
-
Employer
17 356
-
123 649
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
109 738
130 500
-
-
income
10 974
13 050
-
-
total
10 974
13 050
-
-
Dividends
98 765
117 450
-
-
withholding
4 938
5 872
-
-
total
4 938
5 872
-
-
Income
130 500
130 500
130 500
130 500
Total tax
23 566
18 922
24 272
28 899
After tax
106 934
111 578
106 228
101 601
Living cost
13 107
13 107
13 107
13 107
Free-cash
93 827
98 471
93 121
88 494

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽19776
₽18452
₽11001
₽8487
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
health
-
-
-
12 330
income
-
-
-
31 234
pensions
-
-
-
11 715
total
-
-
-
55 279
Employee
92 702
85 386
111 918
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 976
13 976
13 976
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
38 021
-
Employer
92 702
85 386
111 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
21 567
30 162
-
-
income
4 313
6 032
-
-
total
4 313
6 032
-
-
Dividends
17 254
24 129
-
-
withholding
2 588
3 618
-
-
income
3 666
5 127
-
-
total
6 254
8 745
-
-
Income
130 500
130 500
130 500
130 500
Total tax
64 054
66 568
56 603
55 279
After tax
66 446
63 932
73 897
75 221
Living cost
55 445
55 445
55 445
55 445
Free-cash
11 001
8 487
18 452
19 776

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽42568
₽42212
₽57271
₽65837
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
34 552
health
-
-
-
17 618
income
-
-
-
11 750
solidarity contribution
-
-
-
-
total
-
-
-
63 920
Employee
35 311
-
97 388
-
income
4 237
-
11 687
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
6 330
-
health
4 767
-
13 147
-
total
11 299
-
31 164
-
Employer
35 311
-
97 388
-
health
3 178
-
8 765
-
social contributions
8 828
-
24 347
-
total
12 006
-
33 112
-
Corporate
83 183
130 500
-
-
income
15 805
24 795
-
-
total
15 805
24 795
-
-
Dividends
67 378
105 705
-
-
withholding
10 107
15 856
-
-
total
10 107
15 856
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 217
40 651
64 276
63 920
After tax
81 283
89 849
66 224
66 580
Living cost
24 012
24 012
24 012
24 012
Free-cash
57 271
65 837
42 212
42 568

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽22622
₽16413
₽22216
₽27435
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
33 564
municipal
-
-
-
776
national
-
-
-
29 853
regional
-
-
-
1 493
total
-
-
-
65 686
Employee
88 864
-
130 500
-
national
15 398
-
25 885
-
social contributions
29 965
-
44 004
-
municipal
471
-
693
-
regional
838
-
1 313
-
total
46 672
-
71 895
-
Employer
88 864
-
130 500
-
total
-
-
-
-
Corporate
41 636
130 500
-
-
nationa
9 992
31 320
-
-
municipal
1 624
5 089
-
-
total
11 616
36 409
-
-
Dividends
30 020
94 091
-
-
withholding
7 804
24 464
-
-
total
7 804
24 464
-
-
Income
130 500
130 500
130 500
130 500
Total tax
66 092
60 873
71 895
65 686
After tax
64 408
69 627
58 605
64 814
Living cost
42 192
42 192
42 192
42 192
Free-cash
22 216
27 435
16 413
22 622

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽40235
₽38077
₽56908
₽60020
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 265
income
-
-
-
28 667
surtax
-
-
-
3 941
pensions
-
-
-
26 100
total
-
-
-
68 201
Employee
33 066
-
107 806
-
income
5 543
-
26 622
-
pensions
2 205
-
7 191
-
unemployment
2 302
-
7 503
-
health
844
-
2 749
-
other
-
-
-
-
surtax
108
-
3 601
-
total
11 002
-
47 666
-
Employer
33 066
-
107 806
-
pensions
4 408
-
14 371
-
other
-
-
-
-
health
1 505
-
4 905
-
unemployment
1 047
-
3 417
-
total
6 960
-
22 693
-
Corporate
90 474
130 500
-
-
income
23 523
33 931
-
-
total
23 523
33 931
-
-
Dividends
66 951
96 569
-
-
withholding
10 043
14 485
-
-
total
10 043
14 485
-
-
Income
130 500
130 500
130 500
130 500
Total tax
51 528
48 416
70 359
68 201
After tax
78 972
82 084
60 141
62 299
Living cost
22 064
22 064
22 064
22 064
Free-cash
56 908
60 020
38 077
40 235

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽44094
₽32023
₽43918
₽44506
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
income
-
-
-
32 345
pensions
-
-
-
8 115
total
-
-
-
40 460
Employee
63 769
-
114 431
-
income
11 485
-
24 297
-
pensions
5 413
-
10 323
-
health
926
-
1 841
-
total
17 824
-
36 461
-
Employer
63 769
-
114 431
-
pensions
6 903
-
13 895
-
health
1 211
-
2 175
-
total
8 114
-
16 070
-
Corporate
58 616
130 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

11 137
24 795
-
-
total
11 137
24 795
-
-
Dividends
47 479
105 705
-
-
withholding
3 561
15 253
-
-
total
3 561
15 253
-
-
Income
130 500
130 500
130 500
130 500
Total tax
40 636
40 048
52 531
40 460
After tax
89 864
90 452
77 969
90 040
Living cost
45 946
45 946
45 946
45 946
Free-cash
43 918
44 506
32 023
44 094

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽31836
₽25460
₽16432
-₽15906
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 611
health
-
-
-
293
city
-
-
-
1 376
national
-
-
-
1 381
regional
-
-
-
5 416
pensions
-
-
-
12 006
total
-
-
-
23 083
Employee
88 449
-
116 807
-
pensions
7 431
-
9 811
-
national
419
-
1 085
-
unemployment
-
-
-
-
city
949
-
1 254
-
health
200
-
262
-
regional
2 896
-
4 639
-
total
11 895
-
17 051
-
Employer
88 449
-
116 807
-
pensions
7 431
-
9 811
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 768
-
2 335
-
health
200
-
262
-
unemployment
-
-
-
-
total
9 399
-
12 408
-
Corporate
31 679
130 500
-
-
regional
6 701
27 600
-
-
national
2 692
11 092
-
-
total
9 393
38 692
-
-
Dividends
22 286
91 808
-
-
withholding
7 800
32 133
-
-
total
7 800
32 133
-
-
Income
130 500
130 500
130 500
130 500
Total tax
38 487
70 825
29 459
23 083
After tax
92 013
59 675
101 041
107 417
Living cost
75 581
75 581
75 581
75 581
Free-cash
16 432
-15 906
25 460
31 836

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽26235
₽40643
₽34963
₽18748
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
130 500
trade
-
-
-
14 408
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 831
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
35 280
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 941
total
-
-
-
58 460
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

60 091
-
130 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

389
-
1 941
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

7 066
-
35 280
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 831
-
6 831
-
total
14 286
-
44 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 409
130 500
-
-
trade
12 076
22 381
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

581
1 076
-
-
income
10 561
19 574
-
-
chamber of commerce
250
336
-
-
total
23 468
43 367
-
-
Dividends
46 941
87 133
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

624
1 176
-
-
withholding
11 354
21 404
-
-
total
11 978
22 580
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 732
65 947
44 052
58 460
After tax
80 768
64 553
86 448
72 040
Living cost
45 805
45 805
45 805
45 805
Free-cash
34 963
18 748
40 643
26 235

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽40069
₽42622
₽37469
₽31562
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
4 045
social contributions
-
-
-
3 719
health
-
-
-
4 095
income
-
-
-
16 745
surtax
-
-
-
-
pensions
-
-
-
27 618
total
-
-
-
56 222
Employee
42 794
-
103 664
-
income
2 526
-
17 781
-
pensions
4 839
-
6 100
-
social contributions
1 220
-
2 952
-
surtax
-
-
-
-
total
8 585
-
26 833
-
Employer
42 794
-
103 664
-
pensions
7 030
-
10 469
-
other
1 476
-
3 577
-
health
2 996
-
8 280
-
unemployment
1 732
-
4 199
-
social contributions
129
-
311
-
total
13 363
-
26 836
-
Corporate
74 342
130 500
-
-
surtax
-
-
-
-
income
20 815
36 540
-
-
total
20 815
36 540
-
-
Dividends
53 527
93 960
-
-
surtax
-
-
-
-
social contributions
9 207
16 163
-
-
withholding
6 852
12 026
-
-
total
16 059
28 189
-
-
Income
130 500
130 500
130 500
130 500
Total tax
58 822
64 729
53 669
56 222
After tax
71 678
65 771
76 831
74 278
Living cost
34 209
34 209
34 209
34 209
Free-cash
37 469
31 562
42 622
40 069

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽43458
₽46011
₽40506
₽34951
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
4 045
social contributions
-
-
-
3 719
health
-
-
-
4 095
income
-
-
-
16 745
surtax
-
-
-
-
pensions
-
-
-
27 618
total
-
-
-
56 222
Employee
38 199
-
103 664
-
income
1 970
-
17 781
-
pensions
4 321
-
6 100
-
social contributions
1 089
-
2 952
-
surtax
-
-
-
-
total
7 380
-
26 833
-
Employer
38 199
-
103 664
-
pensions
6 277
-
10 469
-
other
1 319
-
3 577
-
health
2 674
-
8 280
-
unemployment
1 546
-
4 199
-
social contributions
114
-
311
-
total
11 930
-
26 836
-
Corporate
80 371
130 500
-
-
surtax
-
-
-
-
income
22 504
36 540
-
-
total
22 504
36 540
-
-
Dividends
57 867
93 960
-
-
surtax
-
-
-
-
social contributions
9 952
16 163
-
-
withholding
7 408
12 026
-
-
total
17 360
28 189
-
-
Income
130 500
130 500
130 500
130 500
Total tax
59 174
64 729
53 669
56 222
After tax
71 326
65 771
76 831
74 278
Living cost
30 820
30 820
30 820
30 820
Free-cash
40 506
34 951
46 011
43 458

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽62605
₽61254
₽58934
₽58418
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
18 009
health
-
-
-
9 110
income
-
-
-
19 574
total
-
-
-
46 693
Employee
33 902
-
130 500
-
income
5 654
-
20 925
-
social contributions
4 679
-
18 009
-
health
2 366
-
9 110
-
total
12 699
-
48 044
-
Employer
33 902
-
130 500
-
total
-
-
-
-
Corporate
96 598
130 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

4 829
6 525
-
-
total
4 829
6 525
-
-
Dividends
91 769
123 975
-
-
social contributions
12 664
17 108
-
-
health
6 406
8 652
-
-
withholding
13 766
18 595
-
-
total
32 836
44 355
-
-
Income
130 500
130 500
130 500
130 500
Total tax
50 364
50 880
48 044
46 693
After tax
80 136
79 620
82 456
83 807
Living cost
21 202
21 202
21 202
21 202
Free-cash
58 934
58 418
61 254
62 605

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽30420
₽436
₽35862
₽37409
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
chamber of commerce
-
-
-
522
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
27 451
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
64 848
Employee
49 970
39 847
101 182
-
income
5 689
2 939
22 846
-
pensions
5 117
4 080
10 360
-
unemployment
1 499
1 195
3 036
-
health
1 934
1 543
3 916
-
other
499
398
1 011
-
total
14 738
10 155
41 169
-
Employer
49 970
39 847
101 182
-
pensions
6 271
5 002
12 698
-
other
2 374
1 892
4 806
-
accident
649
518
1 315
-
health
1 888
1 507
3 825
-
payroll
1 499
1 195
3 036
-
chamber of commerce
199
159
404
-
unemployment
1 499
1 195
3 036
-
surtax
197
197
197
-
total
14 576
11 665
29 317
-
Corporate
65 954
78 987
97 387
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

16 489
19 747
24 346
-
total
16 489
19 747
24 346
-
Dividends
49 465
59 240
-
-
withholding
13 603
16 292
-
-
total
13 603
16 292
-
-
Income
130 500
130 500
130 500
130 500
Total tax
59 406
57 859
94 832
64 848
After tax
71 094
72 641
35 668
65 652
Living cost
35 232
35 232
35 232
35 232
Free-cash
35 862
37 409
436
30 420

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽21698
₽12037
₽21627
₽36621
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
20 673
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
6 590
national
-
-
-
45 082
total
-
-
-
72 345
Employee

The minimum management director salary is set at €45,000 per year.

71 523
-
101 076
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 364
-
7 580
-
national
21 989
-
34 101
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

622
-
879
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 730
-
5 271
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 360
-
4 751
-
total
35 065
-
52 582
-
Employer

The minimum management director salary is set at €45,000 per year.

71 523
-
101 076
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 338
-
8 956
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

930
-
1 315
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 398
-
6 216
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 044
-
1 476
-
surtax
8 110
-
11 461
-
total
20 820
-
29 424
-
Corporate
38 158
130 500
-
-
surtax
152
522
-
-
income
7 632
26 100
-
-
total
7 784
26 622
-
-
Dividends
30 375
103 878
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

8 747
30 800
-
-
total
8 747
30 800
-
-
Income
130 500
130 500
130 500
130 500
Total tax
72 416
57 422
82 006
72 345
After tax
58 084
73 078
48 494
58 155
Living cost
36 457
36 457
36 457
36 457
Free-cash
21 627
36 621
12 037
21 698

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽36745
₽31939
₽43781
₽51428
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
29 841
pensions
-
-
-
26 227
total
-
-
-
57 645
Employee
49 772
-
100 954
-
income
10 502
-
27 019
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
32 905
-
Employer
49 772
-
100 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
64 863
130 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

9 730
19 574
-
-
total
9 730
19 574
-
-
Dividends
55 133
110 926
-
-
withholding
11 351
23 388
-
-
total
11 351
23 388
-
-
Income
130 500
130 500
130 500
130 500
Total tax
50 609
42 962
62 451
57 645
After tax
79 891
87 538
68 049
72 855
Living cost
36 110
36 110
36 110
36 110
Free-cash
43 781
51 428
31 939
36 745

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽15290
₽20493
₽14093
₽24193
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
accident
-
-
-
1 101
health
-
-
-
9 169
income
-
-
-
16 323
communal
-
-
-
8 248
surtax
-
-
-
6 470
pensions
-
-
-
19 561
total
-
-
-
60 872
Employee
75 721
-
116 569
-
income
7 314
-
20 080
-
pensions
6 057
-
9 326
-
health
3 370
-
5 188
-
surtax
4 641
-
7 144
-
total
21 382
-
41 738
-
Employer
75 721
-
116 569
-
pensions
6 057
-
9 326
-
accident
681
-
1 049
-
health
2 309
-
3 556
-
total
9 047
-
13 931
-
Corporate
45 732
130 500
-
-
communal
3 087
8 808
-
-
surtax
480
1 370
-
-
income
6 859
19 574
-
-
total
10 426
29 752
-
-
Dividends
35 306
100 748
-
-
withholding
5 296
15 111
-
-
income
15 918
7 106
-
-
total
21 214
22 217
-
-
Income
130 500
130 500
130 500
130 500
Total tax
62 069
51 969
55 669
60 872
After tax
68 431
78 531
74 831
69 628
Living cost
54 338
54 338
54 338
54 338
Free-cash
14 093
24 193
20 493
15 290

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽39840
₽37682
₽56445
₽59625
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 265
income
-
-
-
28 667
surtax
-
-
-
3 941
pensions
-
-
-
26 100
total
-
-
-
68 201
Employee
33 673
-
107 806
-
income
5 645
-
26 622
-
pensions
2 247
-
7 191
-
unemployment
2 343
-
7 503
-
health
860
-
2 749
-
other
-
-
-
-
surtax
120
-
3 601
-
total
11 215
-
47 666
-
Employer
33 673
-
107 806
-
pensions
4 489
-
14 371
-
other
-
-
-
-
health
1 531
-
4 905
-
unemployment
1 068
-
3 417
-
total
7 088
-
22 693
-
Corporate
89 738
130 500
-
-
income
23 331
33 931
-
-
total
23 331
33 931
-
-
Dividends
66 407
96 569
-
-
withholding
9 962
14 485
-
-
total
9 962
14 485
-
-
Income
130 500
130 500
130 500
130 500
Total tax
51 596
48 416
70 359
68 201
After tax
78 904
82 084
60 141
62 299
Living cost
22 459
22 459
22 459
22 459
Free-cash
56 445
59 625
37 682
39 840

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽37404
₽31227
₽39439
₽41659
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
33 564
municipal
-
-
-
776
national
-
-
-
29 853
regional
-
-
-
1 968
total
-
-
-
66 161
Employee
55 465
-
130 500
-
national
8 787
-
25 885
-
social contributions
18 703
-
44 004
-
municipal
294
-
693
-
regional
747
-
1 756
-
total
28 531
-
72 338
-
Employer
55 465
-
130 500
-
total
-
-
-
-
Corporate
75 035
130 500
-
-
nationa
18 009
31 320
-
-
municipal
3 729
6 486
-
-
total
21 738
37 806
-
-
Dividends
53 297
92 695
-
-
withholding
13 857
24 100
-
-
total
13 857
24 100
-
-
Income
130 500
130 500
130 500
130 500
Total tax
64 126
61 906
72 338
66 161
After tax
66 374
68 594
58 162
64 339
Living cost
26 935
26 935
26 935
26 935
Free-cash
39 439
41 659
31 227
37 404

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽36991
₽36635
₽49705
₽60260
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
34 552
health
-
-
-
17 618
income
-
-
-
11 750
solidarity contribution
-
-
-
-
total
-
-
-
63 920
Employee
43 513
-
97 388
-
income
5 222
-
11 687
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
6 330
-
health
5 874
-
13 147
-
total
13 924
-
31 164
-
Employer
43 513
-
97 388
-
health
3 916
-
8 765
-
social contributions
10 878
-
24 347
-
total
14 794
-
33 112
-
Corporate
72 193
130 500
-
-
income
13 717
24 795
-
-
total
13 717
24 795
-
-
Dividends
58 476
105 705
-
-
withholding
8 771
15 856
-
-
total
8 771
15 856
-
-
Income
130 500
130 500
130 500
130 500
Total tax
51 206
40 651
64 276
63 920
After tax
79 294
89 849
66 224
66 580
Living cost
29 589
29 589
29 589
29 589
Free-cash
49 705
60 260
36 635
36 991

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽33949
₽3800
₽40352
₽40849
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
chamber of commerce
-
-
-
522
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
27 451
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
64 651
Employee
43 708
39 847
101 336
-
income
3 894
2 939
22 899
-
pensions
4 476
4 080
10 377
-
unemployment
1 311
1 195
3 040
-
health
1 691
1 543
3 922
-
other
436
398
1 013
-
total
11 808
10 155
41 251
-
Employer
43 708
39 847
101 336
-
pensions
5 486
5 002
12 717
-
other
2 076
1 892
4 814
-
accident
567
518
1 317
-
health
1 653
1 507
3 831
-
payroll
1 311
1 195
3 040
-
chamber of commerce
175
159
406
-
unemployment
1 311
1 195
3 040
-
surtax
-
-
-
-
total
12 579
11 468
29 165
-
Corporate
74 214
79 185
97 541
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

18 554
19 796
24 384
-
total
18 554
19 796
24 384
-
Dividends
55 660
59 388
-
-
withholding
15 307
16 332
-
-
total
15 307
16 332
-
-
Income
130 500
130 500
130 500
130 500
Total tax
58 248
57 751
94 800
64 651
After tax
72 252
72 749
35 700
65 849
Living cost
31 900
31 900
31 900
31 900
Free-cash
40 352
40 849
3 800
33 949

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽115154
₽90359
₽107300
₽109934
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
130 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
1 305
total
-
-
-
1 305
Employee
17 552
-
130 500
-
income
3 511
-
26 100
-
total
3 511
-
26 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

112 948
130 500
-
-
total
-
-
-
-
Dividends
112 948
130 500
-
-
withholding
5 648
6 525
-
-
total
5 648
6 525
-
-
Income
130 500
130 500
130 500
130 500
Total tax
9 159
6 525
26 100
1 305
After tax
121 341
123 975
104 400
129 195
Living cost
14 041
14 041
14 041
14 041
Free-cash
107 300
109 934
90 359
115 154

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽39235
₽35620
₽54664
₽63032
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
130 500
unemployment
-
-
-
195
health
-
-
-
12 840
income
-
-
-
27 579
pensions
-
-
-
23 832
total
-
-
-
64 446
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 215
-
112 916
-
income
7 625
-
25 522
-
pensions
6 854
-
17 502
-
unemployment
63
-
157
-
health
2 856
-
7 296
-
total
17 398
-
50 477
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 215
-
112 916
-
pensions
3 913
-
9 994
-
health
2 945
-
7 522
-
unemployment
27
-
68
-
total
6 885
-
17 584
-
Corporate
79 401
130 500
-
-
income
15 087
24 794
-
-
total
15 087
24 794
-
-
Dividends
64 314
105 706
-
-
withholding
9 647
15 855
-
-
total
9 647
15 855
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 017
40 649
68 061
64 446
After tax
81 483
89 851
62 439
66 054
Living cost
26 819
26 819
26 819
26 819
Free-cash
54 664
63 032
35 620
39 235

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽47146
₽74338
-₽18230
₽36356
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
14 877
income
-
-
-
25 437
total
-
-
-
40 314
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
130 500
-
-
income
-
28 710
-
-
total
-
28 710
-
-
Dividends
-
101 790
-
-
income
-
22 394
-
-
total
-
22 394
-
-
Income
130 500
130 500
130 500
130 500
Total tax
105 690
51 104
13 122
40 314
After tax
24 810
79 396
117 378
90 186
Living cost
43 040
43 040
43 040
43 040
Free-cash
-18 230
36 356
74 338
47 146

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽40061
₽31561
₽41858
₽42866
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
130 500
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
45 350
income
-
-
-
13 726
surtax
-
-
-
-
total
-
-
-
59 076
Employee
45 987
-
105 455
-
income
9 565
-
30 932
-
social contributions
5 059
-
11 599
-
surtax
-
-
-
-
total
14 624
-
42 531
-
Employer
45 987
-
105 455
-
social contributions
10 922
-
25 045
-
total
10 922
-
25 045
-
Corporate
73 591
130 500
-
-
surtax
-
-
-
-
income
15 455
27 405
-
-
total
15 455
27 405
-
-
Dividends
58 136
103 095
-
-
withholding
16 278
28 866
-
-
total
16 278
28 866
-
-
Income
130 500
130 500
130 500
130 500
Total tax
57 279
56 271
67 576
59 076
After tax
73 221
74 229
62 924
71 424
Living cost
31 363
31 363
31 363
31 363
Free-cash
41 858
42 866
31 561
40 061

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽25985
₽28538
₽24350
₽17478
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
4 045
social contributions
-
-
-
3 719
health
-
-
-
4 095
income
-
-
-
16 745
surtax
-
-
-
-
pensions
-
-
-
27 618
total
-
-
-
56 222
Employee
62 625
-
103 664
-
income
5 464
-
17 781
-
pensions
7 083
-
6 100
-
social contributions
1 784
-
2 952
-
surtax
-
-
-
-
total
14 331
-
26 833
-
Employer
62 625
-
103 664
-
pensions
10 290
-
10 469
-
other
2 161
-
3 577
-
health
4 383
-
8 280
-
unemployment
2 537
-
4 199
-
social contributions
188
-
311
-
total
19 559
-
26 836
-
Corporate
48 316
130 500
-
-
surtax
-
-
-
-
income
13 529
36 540
-
-
total
13 529
36 540
-
-
Dividends
34 787
93 960
-
-
surtax
-
-
-
-
social contributions
5 985
16 163
-
-
withholding
4 453
12 026
-
-
total
10 438
28 189
-
-
Income
130 500
130 500
130 500
130 500
Total tax
57 857
64 729
53 669
56 222
After tax
72 643
65 771
76 831
74 278
Living cost
48 293
48 293
48 293
48 293
Free-cash
24 350
17 478
28 538
25 985

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽67627
₽71096
₽84035
₽87393
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
28 711
income
-
-
-
4 106
total
-
-
-
32 817
Employee
32 145
-
112 988
-
social contributions
2 089
-
7 343
-
income
-
-
4 493
-
total
2 089
-
11 836
-
Employer
32 145
-
112 988
-
social contributions
4 983
-
17 512
-
total
4 983
-
17 512
-
Corporate
93 372
130 500
-
-
income
9 337
13 051
-
-
total
9 337
13 051
-
-
Dividends
84 034
117 449
-
-
total
-
-
-
-
Income
130 500
130 500
130 500
130 500
Total tax
16 409
13 051
29 348
32 817
After tax
114 091
117 449
101 152
97 683
Living cost
30 056
30 056
30 056
30 056
Free-cash
84 035
87 393
71 096
67 627

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽31289
-₽87424
-₽87424
-₽87424
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
municipal
-
-
-
25 827
national
-
-
-
13 976
labour market
-
-
-
10 371
pensions
-
-
-
867
total
-
-
-
51 041
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
130 500
130 500
130 500
130 500
Total tax
169 754
169 754
169 754
51 041
After tax
-39 254
-39 254
-39 254
79 459
Living cost
48 170
48 170
48 170
48 170
Free-cash
-87 424
-87 424
-87 424
31 289

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽67781
₽47716
₽7259
-₽11021
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
34 190
pensions
-
-
-
4 145
total
-
-
-
41 128
Employee
33 964
-
114 796
-
income
4 659
-
24 747
-
pensions
3 825
-
7 599
-
health
3 889
-
13 144
-
total
12 373
-
45 490
-
Employer
33 964
-
114 796
-
pensions
5 522
-
10 974
-
accident
567
-
1 917
-
unemployment
832
-
2 812
-
total
6 921
-
15 703
-
Corporate
89 615
130 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

80 653
117 450
-
-
total
80 653
117 450
-
-
Dividends
8 961
13 050
-
-
withholding
1 703
2 480
-
-
total
1 703
2 480
-
-
Income
130 500
130 500
130 500
130 500
Total tax
101 650
119 930
61 193
41 128
After tax
28 850
10 570
69 307
89 372
Living cost
21 591
21 591
21 591
21 591
Free-cash
7 259
-11 021
47 716
67 781

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽50863
₽32972
₽46590
₽46051
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
130 500
municipal
-
-
-
23 204
health
-
-
-
1 592
national
-
-
-
16 453
total
-
-
-
41 249
Employee
52 606
-
109 783
-
pensions
3 550
-
7 410
-
national
869
-
10 193
-
municipal
8 616
-
17 901
-
unemployment
789
-
1 647
-
health
393
-
1 273
-
total
14 217
-
38 424
-
Employer
52 606
-
109 783
-
pensions
9 127
-
19 047
-
accident
53
-
110
-
health
404
-
846
-
unemployment
342
-
713
-
total
9 926
-
20 716
-
Corporate
67 968
130 500
-
-
income
13 594
26 100
-
-
total
13 594
26 100
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

40 781
78 300
-
-
municipal
7 341
14 094
-
-
national
444
5 867
-
-
total
7 785
19 961
-
-
Income
130 500
130 500
130 500
130 500
Total tax
45 522
46 061
59 140
41 249
After tax
84 978
84 439
71 360
89 251
Living cost
38 388
38 388
38 388
38 388
Free-cash
46 590
46 051
32 972
50 863

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽68188
₽66820
₽66757
₽72200
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
16 178
health
-
-
-
3 328
income
-
-
-
19 656
total
-
-
-
39 162
Employee
76 887
76 887
119 679
-
income
8 372
7 117
19 068
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 034
-
total
11 875
14 805
29 709
-
Employer
76 887
76 887
119 679
-
health
647
1 423
2 214
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
10 821
-
Corporate
91 921
45 809
-
-
income
11 491
5 727
-
-
total
11 491
5 727
-
-
Dividends
80 430
40 083
-
-
withholding
13 673
6 814
-
-
total
13 673
6 814
-
-
Income
130 500
130 500
130 500
130 500
Total tax
40 593
35 150
40 530
39 162
After tax
89 907
95 350
89 970
91 338
Living cost
23 150
23 150
23 150
23 150
Free-cash
66 757
72 200
66 820
68 188

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽91718
₽71663
₽87104
₽92192
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
130 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
12 901
pensions
-
-
-
6 360
total
-
-
-
22 907
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

22 951
-
120 728
-
income
1 569
-
10 421
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
33 190
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

22 951
-
120 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
105 187
130 500
-
-
income
9 467
11 745
-
-
total
9 467
11 745
-
-
Dividends
95 720
118 755
-
-
withholding
8 615
10 688
-
-
total
8 615
10 688
-
-
Income
130 500
130 500
130 500
130 500
Total tax
27 521
22 433
42 962
22 907
After tax
102 979
108 067
87 538
107 593
Living cost
15 875
15 875
15 875
15 875
Free-cash
87 104
92 192
71 663
91 718

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽45359
₽40553
₽55117
₽60042
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
29 841
pensions
-
-
-
26 227
total
-
-
-
57 645
Employee
36 972
-
100 954
-
income
7 128
-
27 019
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
32 905
-
Employer
36 972
-
100 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
81 741
130 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

12 261
19 574
-
-
total
12 261
19 574
-
-
Dividends
69 480
110 926
-
-
withholding
14 364
23 388
-
-
total
14 364
23 388
-
-
Income
130 500
130 500
130 500
130 500
Total tax
47 887
42 962
62 451
57 645
After tax
82 613
87 538
68 049
72 855
Living cost
27 496
27 496
27 496
27 496
Free-cash
55 117
60 042
40 553
45 359

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽80479
₽80283
₽78244
₽78694
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
health
-
-
-
1 448
income
-
-
-
43 838
pensions
-
-
-
1 997
total
-
-
-
47 283
Employee
4 171
-
128 253
-
income
807
-
43 733
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
45 231
-
Employer
4 171
-
128 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
125 391
130 500
-
-
income
27 586
28 710
-
-
total
27 586
28 710
-
-
Dividends
97 805
101 790
-
-
withholding
19 561
20 358
-
-
total
19 561
20 358
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 518
49 068
47 479
47 283
After tax
80 982
81 432
83 021
83 217
Living cost
2 738
2 738
2 738
2 738
Free-cash
78 244
78 694
80 283
80 479

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽56825
₽56825
₽72073
₽76993
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
130 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
28 448
pensions
-
-
-
19 214
total
-
-
-
56 382
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 076
-
117 272
-
income
3 594
-
28 448
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
43 154
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 076
-
117 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
99 756
130 500
-
-
income
14 963
19 575
-
-
total
14 963
19 575
-
-
Dividends
84 793
110 925
-
-
withholding
12 719
16 639
-
-
total
12 719
16 639
-
-
Income
130 500
130 500
130 500
130 500
Total tax
41 134
36 214
56 382
56 382
After tax
89 366
94 286
74 118
74 118
Living cost
17 293
17 293
17 293
17 293
Free-cash
72 073
76 993
56 825
56 825

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽44468
₽35968
₽46912
₽47273
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
130 500
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
45 350
income
-
-
-
13 726
surtax
-
-
-
-
total
-
-
-
59 076
Employee
38 808
-
105 455
-
income
7 583
-
30 932
-
social contributions
4 269
-
11 599
-
surtax
-
-
-
-
total
11 852
-
42 531
-
Employer
38 808
-
105 455
-
social contributions
9 216
-
25 045
-
total
9 216
-
25 045
-
Corporate
82 476
130 500
-
-
surtax
-
-
-
-
income
17 320
27 405
-
-
total
17 320
27 405
-
-
Dividends
65 156
103 095
-
-
withholding
18 244
28 866
-
-
total
18 244
28 866
-
-
Income
130 500
130 500
130 500
130 500
Total tax
56 632
56 271
67 576
59 076
After tax
73 868
74 229
62 924
71 424
Living cost
26 956
26 956
26 956
26 956
Free-cash
46 912
47 273
35 968
44 468

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽37715
₽32909
₽45095
₽52398
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
29 841
pensions
-
-
-
26 227
total
-
-
-
57 645
Employee
48 290
-
100 954
-
income
10 086
-
27 019
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
32 905
-
Employer
48 290
-
100 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
66 814
130 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

10 022
19 574
-
-
total
10 022
19 574
-
-
Dividends
56 791
110 926
-
-
withholding
11 698
23 388
-
-
total
11 698
23 388
-
-
Income
130 500
130 500
130 500
130 500
Total tax
50 265
42 962
62 451
57 645
After tax
80 235
87 538
68 049
72 855
Living cost
35 140
35 140
35 140
35 140
Free-cash
45 095
52 398
32 909
37 715

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽84404
₽89031
₽88289
₽94381
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
19 575
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 168
total
-
-
-
28 899
Employee
22 772
-
123 649
-
income
2 278
-
12 365
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
17 421
-
Employer
22 772
-
123 649
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
103 260
130 500
-
-
income
10 326
13 050
-
-
total
10 326
13 050
-
-
Dividends
92 935
117 450
-
-
withholding
4 646
5 872
-
-
total
4 646
5 872
-
-
Income
130 500
130 500
130 500
130 500
Total tax
25 014
18 922
24 272
28 899
After tax
105 486
111 578
106 228
101 601
Living cost
17 197
17 197
17 197
17 197
Free-cash
88 289
94 381
89 031
84 404

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽35788
₽47845
₽41714
₽28636
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
130 500
trade
-
-
-
12 057
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 831
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
35 280
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 941
total
-
-
-
56 109
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

49 751
-
130 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

226
-
1 941
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 091
-
35 280
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 831
-
6 831
-
total
11 148
-
44 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 749
130 500
-
-
trade
11 588
18 726
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

666
1 076
-
-
income
12 112
19 574
-
-
chamber of commerce
269
343
-
-
total
24 635
39 719
-
-
Dividends
56 114
90 780
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

751
1 228
-
-
withholding
13 649
22 314
-
-
total
14 400
23 542
-
-
Income
130 500
130 500
130 500
130 500
Total tax
50 183
63 261
44 052
56 109
After tax
80 317
67 239
86 448
74 391
Living cost
38 603
38 603
38 603
38 603
Free-cash
41 714
28 636
47 845
35 788

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽25620
₽25620
₽36600
₽34391
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
12 249
income
-
-
-
35 673
total
-
-
-
47 922
Employee
78 213
-
130 500
-
social contributions
6 498
-
12 249
-
income
14 759
-
35 673
-
total
21 257
-
47 922
-
Employer
78 213
-
130 500
-
total
-
-
-
-
Corporate
52 287
130 500
-
-
income
6 535
16 313
-
-
total
6 535
16 313
-
-
Dividends
45 752
114 187
-
-
withholding
9 150
22 838
-
-
total
9 150
22 838
-
-
Income
130 500
130 500
130 500
130 500
Total tax
36 942
39 151
47 922
47 922
After tax
93 558
91 349
82 578
82 578
Living cost
56 958
56 958
56 958
56 958
Free-cash
36 600
34 391
25 620
25 620

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽59067
₽59276
₽46740
₽43247
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
130 500
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
125 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
25 730
-
total
9 573
-
30 329
-
Employer
45 869
-
125 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
80 035
130 500
-
-
income
28 012
45 674
-
-
total
28 012
45 674
-
-
Dividends
52 023
84 826
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
130 500
130 500
130 500
130 500
Total tax
47 464
50 957
34 928
35 137
After tax
83 036
79 543
95 572
95 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
46 740
43 247
59 276
59 067

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽52688
₽40617
₽54751
₽53100
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
income
-
-
-
32 345
pensions
-
-
-
8 115
total
-
-
-
40 460
Employee
51 271
-
114 431
-
income
9 337
-
24 297
-
pensions
3 913
-
10 323
-
health
669
-
1 841
-
total
13 919
-
36 461
-
Employer
51 271
-
114 431
-
pensions
5 180
-
13 895
-
health
974
-
2 175
-
total
6 154
-
16 070
-
Corporate
73 074
130 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

13 884
24 795
-
-
total
13 884
24 795
-
-
Dividends
59 191
105 705
-
-
withholding
4 440
15 253
-
-
total
4 440
15 253
-
-
Income
130 500
130 500
130 500
130 500
Total tax
38 397
40 048
52 531
40 460
After tax
92 103
90 452
77 969
90 040
Living cost
37 352
37 352
37 352
37 352
Free-cash
54 751
53 100
40 617
52 688

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽65644
₽45579
₽6930
-₽13158
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
34 190
pensions
-
-
-
4 145
total
-
-
-
41 128
Employee
37 325
-
114 796
-
income
5 121
-
24 747
-
pensions
4 203
-
7 599
-
health
4 274
-
13 144
-
total
13 598
-
45 490
-
Employer
37 325
-
114 796
-
pensions
6 069
-
10 974
-
accident
623
-
1 917
-
unemployment
914
-
2 812
-
total
7 606
-
15 703
-
Corporate
85 568
130 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

77 012
117 450
-
-
total
77 012
117 450
-
-
Dividends
8 557
13 050
-
-
withholding
1 626
2 480
-
-
total
1 626
2 480
-
-
Income
130 500
130 500
130 500
130 500
Total tax
99 842
119 930
61 193
41 128
After tax
30 658
10 570
69 307
89 372
Living cost
23 728
23 728
23 728
23 728
Free-cash
6 930
-13 158
45 579
65 644

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽60284
₽74193
₽91639
₽96315
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
130 500
work injury
-
-
-
653
unemployment
-
-
-
1 566
income
-
-
-
20 827
health insurance
-
-
-
9 657
pensions
-
-
-
24 012
total
-
-
-
56 715
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

21 601
-
130 500
-
income
2 160
-
20 827
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
42 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 899
130 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 089
1 305
-
-
total
1 089
1 305
-
-
Dividends
107 810
129 195
-
-
withholding
16 171
19 379
-
-
total
16 171
19 379
-
-
Income
130 500
130 500
130 500
130 500
Total tax
25 360
20 684
42 806
56 715
After tax
105 140
109 816
87 694
73 785
Living cost
13 501
13 501
13 501
13 501
Free-cash
91 639
96 315
74 193
60 284

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽23490
₽17523
₽24356
₽28906
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
130 500
social contributions
-
-
-
33 564
municipal
-
-
-
873
national
-
-
-
29 853
regional
-
-
-
2 887
total
-
-
-
67 177
Employee
84 257
-
130 500
-
national
14 239
-
25 885
-
social contributions
28 411
-
44 004
-
municipal
503
-
778
-
regional
1 272
-
2 477
-
total
44 425
-
73 144
-
Employer
84 257
-
130 500
-
total
-
-
-
-
Corporate
46 243
130 500
-
-
nationa
11 098
31 320
-
-
municipal
2 230
6 290
-
-
total
13 328
37 610
-
-
Dividends
32 915
92 890
-
-
withholding
8 558
24 151
-
-
total
8 558
24 151
-
-
Income
130 500
130 500
130 500
130 500
Total tax
66 311
61 761
73 144
67 177
After tax
64 189
68 739
57 356
63 323
Living cost
39 833
39 833
39 833
39 833
Free-cash
24 356
28 906
17 523
23 490

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close